Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

British Pound/Mauritius Rupee (FOREX:GBPMUR)

Weak Downtrend (-65) - GBPMUR is showing signs of a strengthening downtrend. Monitor GBPMUR as it may be building momentum to the downside.

Is it time to buy, sell, or avoid GBPMUR?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPMUR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPMUR
Open High Low GBPMUR Price Change
59.620856 59.907668 59.620856 59.762815 +0.141959
Entry Signal

MarketClub’s Trade Triangles for GBPMUR

long term up The long-term trend has been UP since Apr 16th, 2024 at 59.697168

intermediate term down The intermediate-term trend has been DOWN since Oct 8th, 2024 at 60.258148

short term down The short-term trend has been DOWN since Oct 21st, 2024 at 60.020643

Smart Scan Analysis for GBPMUR

Based on our trend formula, GBPMUR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for GBPMUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
59.620856 59.907668 59.620856 59.762815 +0.141959
Prev. Close Volume Bid Ask Time
59.620856 2024-10-25 17:06:35
Get a free daily analysis and signals for British Pound/Mauritius Rupee (GBPMUR) - Request Your Free Report.